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Machine Learning Summer Intern Jobs in Chicago, IL

Optiver

Quantitative Intern (Summer 2027)

Chicago, IL

Our internship is designed for curious problem-solvers who enjoy continuously learning. Through a ... Available to intern during Summer 2027. * Open to full-time opportunities upon graduation. * Strong ...

Optiver

Quantitative Intern (Summer 2027)

Chicago, IL · On-site

$70K - $88K/yr

Our internship is designed for curious problem-solvers who enjoy continuously learning. Through a ... Available to intern during Summer 2027. * Open to full-time opportunities upon graduation. * Strong ...

SGS U.S. Holding Inc.

Summer Internship

Melrose Park, IL

$14.75 - $17.75/hr

As a Summer Intern, you will work alongside experienced professionals, take on real ... Seek feedback and demonstrate a commitment to continuous learning and professional development ...

SGS

Summer Internship

Melrose Park, IL · On-site

$14.75 - $17.75/hr

As a Summer Intern, you will work alongside experienced professionals, take on real ... Seek feedback and demonstrate a commitment to continuous learning and professional development ...

Crowe

Machine Learning Engineer

Chicago, IL · On-site

$62K - $100K/yr

Your Journey at Crowe Starts Here: At Crowe, you can build a meaningful and rewarding career. With real flexibility to balance work with life moments, you're trusted to deliver results and make an ...

Crowe LLP

Machine Learning Engineer

Chicago, IL · On-site

$62K - $100K/yr

Your Journey at Crowe Starts Here: At Crowe, you can build a meaningful and rewarding career. With real flexibility to balance work with life moments, you're trusted to deliver results and make an ...

Socket.dev

Machine Learning Engineer

Chicago, IL · On-site

$62 - $100/hr

Your Journey at Crowe Starts Here: At Crowe, you can build a meaningful and rewarding career. With real flexibility to balance work with life moments, you're trusted to deliver results and make an ...

New

Crowe LLP

Machine Learning Engineer

Chicago, IL · On-site

$62K - $100K/yr

Your Journey at Crowe Starts Here: At Crowe, you can build a meaningful and rewarding career. With real flexibility to balance work with life moments, you're trusted to deliver results and make an ...

Crowe LLP

Machine Learning Engineer

Chicago, IL · On-site

$62K - $100K/yr

Your Journey at Crowe Starts Here: At Crowe, you can build a meaningful and rewarding career. With real flexibility to balance work with life moments, you're trusted to deliver results and make an ...

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Showing results 21-40

All JobsMachine Learning Summer Intern JobsMachine Learning Summer Intern Jobs in Chicago, IL

Machine Learning Summer Intern information

See Chicago, IL salary details

$26.3K

$43.9K

$90.7K

How much do machine learning summer intern jobs pay per year?

As of Aug 19, 2026, the average yearly pay for machine learning summer intern in Chicago, IL is $43,867.00, according to ZipRecruiter salary data. Most workers in this role earn between $33,500.00 and $47,400.00 per year, depending on experience, location, and employer.

What is a machine learning summer intern?

Machine Learning Summer Interns are students or recent graduates who work temporarily at a company, usually during the summer, to gain practical experience in machine learning. They typically assist with data analysis, model development, and research tasks under the supervision of experienced data scientists or engineers. This role allows interns to apply their academic knowledge to real-world problems, learn industry tools and workflows, and build professional networks. Internships often serve as a stepping stone to full-time positions in machine learning or related fields.

What types of projects does a machine learning summer intern typically work on?

Machine Learning Summer Interns often work on focused projects such as data preprocessing, developing and testing machine learning models, or contributing to research and prototyping efforts. These projects are designed to provide practical experience while directly supporting the team's ongoing initiatives, such as improving model accuracy or automating data pipelines. Interns usually collaborate closely with data scientists and engineers, gaining mentorship and exposure to real-world problem-solving. This hands-on involvement helps interns understand the end-to-end process of deploying machine learning solutions and prepares them for future roles in the field.

What are the key skills and qualifications needed to thrive as a machine learning summer intern?

To thrive as a Machine Learning Summer Intern, you need a solid understanding of programming (especially Python), foundational knowledge of machine learning concepts, and coursework or experience in statistics and mathematics. Familiarity with tools such as TensorFlow, PyTorch, scikit-learn, and version control systems like Git is typically expected. Strong problem-solving abilities, eagerness to learn, and effective communication skills help you collaborate and adapt in a fast-paced research or development setting. These abilities are crucial for contributing to real-world projects, learning from experienced mentors, and building a foundation for a future career in machine learning.

What is the difference between Machine Learning Summer Intern vs Data Science Summer Intern?

AspectMachine Learning Summer InternData Science Summer Intern
Required CredentialsUndergraduate or graduate in CS, AI, or related fields; some experience in ML frameworksUndergraduate or graduate in statistics, CS, or related fields; experience in data analysis
Work EnvironmentDeveloping ML models, algorithms, and prototypes in tech or research companiesAnalyzing datasets, creating reports, and supporting data-driven decisions in various industries
Employer & Industry UsageTech companies, AI startups, research labsFinance, healthcare, marketing, and tech firms

While both roles involve working with data, Machine Learning Summer Interns focus on developing algorithms and models, whereas Data Science Summer Interns analyze data to generate insights. The roles often overlap but differ mainly in technical focus and project scope.

What are the most commonly searched types of Machine Learning Summer jobs in Chicago, IL?

The most popular types of Machine Learning Summer jobs in Chicago, IL are:

Machine Learning Summer Intern jobs near you
Infographic showing various Machine Learning Summer Intern job openings in Chicago, IL as of July 2026, with employment types broken down into 14% Internship, 1% As Needed, 56% Full Time, 26% Part Time, 2% Temporary, and 1% Contract. Highlights an 93% Physical, 3% Hybrid, and 4% Remote job distribution, with an average salary of $43,867 per year, or $21.1 per hour.

Quantitative Intern (Summer 2027)

Optiver

Chicago, IL

Full-time, Temporary, Internship

Re-posted 18 days ago

Job description

As a Quantitative Intern at Optiver, you'll work alongside traders, researchers, and engineers to solve complex problems in global financial markets. You'll learn how quantitative research, data, technology, and AI-enabled tools come together to identify opportunities, test ideas, and drive decision-making in rapidly evolving markets. Through hands-on project work, mentorship, and training led by Optiver's dedicated Education team, you'll build the foundation needed to make an impact. 

As part of the interview process, we'll assess your strengths, interests, and skills to determine the best fit, and you may be considered for either a Quant Trading or Quant Research internship offer. 

What You'll Do:  

Our internship is designed for curious problem-solvers who enjoy continuously learning. Through a combination of structured education, market simulations, and exposure to modern research and AI tools, you'll develop the skills needed to apply quantitative thinking to real-world challenges. 

You'll have the opportunity to: 

  • Develop a deeper understanding of financial markets, quantitative trading, and the research and technology that power them. 
  • Analyze complex datasets, investigate market behavior, and uncover insights that inform decision-making. 
  • Apply your quantitative and programming skills to solve real trading challenges and build impactful tools. 
  • Strengthen your decision-making skills through live market simulations and hands-on experience. 
  • Explore how AI tools can accelerate research, experimentation, and quantitative decision-making 
  • Learn directly from experienced traders and researchers in a collaborative, high-performance environment. 

What You'll Get: 

You'll join a culture of collaboration and excellence, surrounded by curious thinkers and creative problem-solvers. Motivated by a passion for continuous improvement, you'll thrive in a supportive, high-performing environment alongside talented colleagues, collectively tackling some of the toughest challenges in the financial markets. 

In addition, you'll receive: 

  • The opportunity to work alongside best-in-class professionals from over 40 different countries. 
  • The opportunity to earn a return internship or full-time offer in Chicago, Austin, New York City, or Amsterdam based on performance. 
  • A highly competitive internship compensation package. 
  • Optiver-covered flights, living accommodations, and commuting stipends. 
  • Extensive office perks, including breakfast, lunch, snacks, regular social events, clubs, sporting leagues, and more. 

Who You Are: 

  • Currently pursuing a Bachelor's or Master's degree in a STEM field. 
  • Expected graduation between December 2027 and June 2029, with sophomore standing or higher.  
  • Available to intern during Summer 2027. 
  • Open to full-time opportunities upon graduation. 
  • Strong quantitative, analytical, and logical reasoning skills. 
  • Solid foundation in mathematics, probability, and statistics. 
  • Experience with programming or scripting in Python or another language. 
  • Strong interest in financial markets, quantitative research, and decision-making. 
  • Excited to work in a fast-paced, collaborative environment. 
  • Fluent in English with strong written and verbal communication skills. 

Who We Are:

Optiver is a leading technology- and research-driven trading firm. Our teams of scientists, engineers, mathematicians, and traders work side by side to develop, test, and scale ideas that shape how we understand and trade global markets. Powered by a global platform built for rapid experimentation and iteration, we combine the scientific rigor of a research institution with the pace of a technology company. 

Our differences are our edge. Optiver does not discriminate on the basis of race, religion, color, sex, gender identity, sexual orientation, age, physical or mental disability, or other legally protected characteristics. 

Optiver is supportive of US immigration sponsorship for this role. 

Optiver has a global application re-apply policy for our intern and graduate roles. If you have completed an online assessment or interviewed for a quantitative graduate or internship role at any Optiver location in the past 8 months, please note that you are not yet eligible to reapply. We welcome you to re-apply to after the 8-month cool off period.

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